TAP Consulting LLC Lowers Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

TAP Consulting LLC decreased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,999 shares of the company’s stock after selling 283 shares during the period. TAP Consulting LLC’s holdings in iShares Short Treasury Bond ETF were worth $220,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Destination Wealth Management raised its position in iShares Short Treasury Bond ETF by 0.9% during the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after purchasing an additional 100 shares in the last quarter. KWB Wealth raised its position in iShares Short Treasury Bond ETF by 1.3% during the fourth quarter. KWB Wealth now owns 8,531 shares of the company’s stock valued at $944,000 after purchasing an additional 110 shares in the last quarter. Gladstone Institutional Advisory LLC raised its position in iShares Short Treasury Bond ETF by 2.2% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 5,039 shares of the company’s stock valued at $555,000 after purchasing an additional 110 shares in the last quarter. Voya Financial Advisors Inc. raised its position in iShares Short Treasury Bond ETF by 1.9% during the third quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock valued at $649,000 after purchasing an additional 111 shares in the last quarter. Finally, Fortis Advisors LLC raised its position in iShares Short Treasury Bond ETF by 1.5% during the fourth quarter. Fortis Advisors LLC now owns 7,853 shares of the company’s stock valued at $865,000 after purchasing an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ SHV opened at $110.33 on Friday. The stock’s 50-day simple moving average is $110.29 and its two-hundred day simple moving average is $110.29. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.3579 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares Short Treasury Bond ETF

iShares Short Treasury Bond ETF (the Fund), formerly iShares Barclays Short Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. Short Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of between 1 and 12 months.